Chainlink Turns Bearish As Price Dips To 8-Month Low
The Chainlink price has dropped to an eight-month low as the coin fell from the $6.30 price level. Since the Chainlink price has touched a multi-monthly low, the chances of the price turning around remain extremely likely. As Bitcoin slipped on its…
XRP Accumulation: Key Sharks And Whales Group Hits All-Time High Holdings
On-chain data shows a key XRP sharks and whales group has been accumulating recently, a sign that could be positive for the asset’s price. XRP Whales And Sharks With 1M-10M Tokens Now Hold All-Time High Supply As per data from the analytics…
Breaking: One Of The Largest P2P Crypto Exchanges Removes Ethereum Due To ‘Integrity’
Ray Youssef, CEO and co-founder of Paxful, has put his plan to remove Ethereum (ETH) from the exchange, which he revealed a week ago, into action today. The exchange is one of the largest peer-to-peer crypto trading platforms in the world, and…
Altcoin Indexes Take Beating As Investors Flip Alts For Bitcoin
Data shows the different Altcoin Indexes in the crypto market have taken a beating during the past week as investors have been flipping alts for Bitcoin. Bitcoin And Stablecoins Dominance Rises As Altcoins Struggle As per the latest weekly report…
Ethereum (ETH) Will Overtake Bitcoin, At Least Temporarily: Analysts Predict
While the bear market is still in full swing, several experts are currently discussing when the “flippening” will happen. Flippening is described as the scenario where another cryptocurrency overtakes Bitcoin (BTC) in terms of market…
No Santa For Cryptos This Year: Large Cap Coins Touch December Lows
As Bitcoin hits new lows at year-end, other large-cap altcoins have followed suit. There seems to be no love for crypto this year-end, as Santa has refused to show up. General Crypto Market Cap Plunges As it stands, crypto traders and investors…
Bitcoin Drops To Monthly Low As Year-End Approaches, More Impulsive Decline?
Bitcoin moved closer to the $17,000 level on Tuesday. The digital currency dropped to $16,400, its lowest level in the last three weeks. As year-end approaches, BTC could face high volatility and low liquidity. Bitcoin Hit A Brief Surge Bitcoin…
Cardano (ADA) Price Prediction: Downtrend Far From Over, $0.22 Still In Play
Cardano’s price started a fresh decline after it failed to surpass $0.32. ADA remains at a risk of more losses below $0.25 and $0.245 in the near term. ADA price is gaining bearish momentum below the $0.280 support against the US dollar. The price…
Ethereum Price Bearish Signal: ETH Below 100 SMA Could Trigger Downside
Ethereum is facing resistance above $1,220 against the US Dollar. ETH could start another decline if it fails to stay above $1,200 and the 100 hourly SMA. Ethereum started an upside correction above the $1,180 resistance zone. The price is now…
Bitcoin Price Signals Rejection and Poised To Start Another Decline
Bitcoin price is facing resistance near $17,000. BTC could start another decline unless there is a strong move above the $17,000 resistance zone. Bitcoin recovered higher above the $16,800 resistance zone. The price is trading above $16,800 and the…
Grayscale May Liquidate 600,000 BTC Holdings Following SEC Opposition To ETF
Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlying Bitcoin holdings. Grayscale Can’t…
Shiba Inu Welcomes 10,000 New Holders, Can SHIB Keep Up The Momentum?
Despite the market downturn, Shiba Inu (SHIB) is still seeing growth in terms of its holder base. The meme coin maintains its position as one of the most popular cryptocurrencies as its total holder count has now crossed 1.26 million. 10,000 New…
Could A Litecoin Fractal Foretell A New Bull Trend In Crypto?
The cryptocurrency market continues to feel the darkness of crypto winter, but it could be Litecoin bringing the blossom of a new bull trend, according to a an eerily similar fractal found in LTCUSD daily price charts. The fractal pattern…
Cardano (ADA) Falls Below Critical Point, Why There Is More Pain To Come
Cardano (ADA) remains one of the hardest-hit cryptocurrencies even before the bear market was officially in full bloom. The digital asset which had seen returns higher than 1,000% during the 2021 bull run would eventually see almost the entirety of…
On-chain data shows signs aren’t looking good for Bitcoin as the NVT ratio is indicating that the crypto is still overvalued right now. Bitcoin NVT Ratio Continues To Be At High Values As pointed out by an analyst in a CryptoQuant post, BTC…
Bitcoin Poised To Resume Its Inclination To Outperform, Says Bloomberg Senior Analyst
After the Bank of Japan (BOJ) announced a surprising turnaround in its monetary policy today, the Bitcoin price managed to rise near the important resistance level of $16,900. The BOJ announced that it will drastically widen its yield curve control…
Bitcoin Bearish Signal: ‘Mid-Term’ Holders Show Signs Of Dumping
On-chain data shows that Bitcoin “mid-term” holders have been on the move during the past day, suggesting that they may be dumping currently. Bitcoin 3-6 Months Age Band Shows Large Spike In Spent Outputs As pointed out by an analyst in…
Why Bitcoin Long-Term Holders Seem To Be Losing Interest In BTC
Current market conditions hinder bullish market movements even for Bitcoin, which is arguably the king of cryptocurrencies. Recently, a crypto analyst named nino released an analysis showing that long-term Bitcoin positions are being liquidated. …
World Cup Win Not Enough To Save Argentina Fan Token From Losing 50% In Value
After beating France in the dramatic final of the 2022 Soccer World Cup in Qatar on Monday, Argentina won its third world title. The win that Argentina achieved is destined to go down in history as a momentous event. But, despite the dramatic…
The Bitcoin price slipped further yesterday, falling below the $16,300 level. At $16.285, BTC reached a price last recorded on November 29. However, a surprising windfall occurred when the Bank of Japan (BoJ) announced an unspoken pivot. The BoJ…
BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists
BNB price (Binance coin) found support near $220 against the US Dollar. BNB is rising, but the bears could take a strong stand near the $265 zone. Binance coin price started a recovery wave from the $220 support against the US Dollar. The price is…
Ethereum Price Breaking This Confluence Resistance Could Start Recovery
Ethereum remained in a bearish zone below the $1,250 resistance against the US Dollar. ETH is attempting a recovery wave, but the 100 hourly SMA is the key. Ethereum made another to clear the $1,150 support, but the bulls were active. The price is…
Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $17K
Bitcoin price declined further and traded below $16,500. BTC is correcting losses, but it could struggle to climb above the $16,700 and $17,000 resistance levels. Bitcoin extended its decline below the $17,000 and $16,500 support levels. The price…
Binance Smart Chain User Activity Tanks, Why BNB Price Could Suffer
BNB Price has been seeing a lot of declines since Binance came under fire for the audit published by Mazars. Fear, Uncertainty and Doubt (FUD) had spread like wildfire, leading to more than $5 billion in withdrawals from the crypto exchange…
Bitcoin Bear Market Monthly Momentum Reaches Worst On Record
For many Bitcoin investors who lived it, this crypto winter feels more painful than the 2018 bear market, despite making a shallower fall from peak to through. From a monthly momentum perspective, the bearish trend is now the strongest on record…
Why Bitcoin Could Return to $17,000 In the Short Term
The price of Bitcoin continues to grind slowly to the downside while other major digital assets follow. The market is moving in tandem with the legacy financial sector, pricing in a higher terminal rate for 2023. As of this writing, Bitcoin trades…
Ethereum price closely followed that of bitcoin throughout the week and this saw the digital asset fall below the $1,200 level once more. Presently, the entire market looks to be consolidating but Ethereum has been put under some pressure following…
Tron Snags 2nd Place In TVL – What Does This Mean For TRX Price?
The native currency of the Tron network, TRX, is one of the few cryptocurrencies in the current altcoin market to experience a price hike. As of this writing, TRX has gained 0.2% on a daily basis, with a 6.1% increase seen on a monthly timeframe. A…
Grayscale Says It May Return 20% Of Investor Capital, Bitcoin Refuses To Budge
Besides the macroeconomic headwinds, when it comes to crypto, there are two main concerns at the moment: Binance and DCG. The situation surrounding Genesis Trading, Digital Currency Group (DCG) and Grayscale, which is still unresolved after a…
Can Ethereum Prevent More Losses As Altcoin King ETH Slips 7% In Last 7 Days?
Further pain was inflicted on the markets as major cryptocurrencies Bitcoin and Ethereum slipped on macroeconomic pressures and other factors. As of time of writing, the top altcoin Ether has lost nearly 7% in the weekly timeframe. This is…
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